Jana Reports January Profit Fueled by Juniper Stake

Barry Rosenstein’s New York-based firm posted gains on several large positions but lost money on large stakes in Ashland and Oil States International.


Barry Rosenstein’s Jana Partners shrugged off the stock market’s overall poor performance in January, posting a profit for the month.

Jana Partners Fund, which is comprised of three different portfolios, gained 0.3 percent in January. Jana Nirvana Fund gained 0.7 percent.

The New York–based hedge fund firm’s performance was led by its stake in IT networking company Juniper Networks, its newest activist position, which jumped nearly 18 percent last month.

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